Bit2Me Launches Crypto Seizure and Forensic Unit Bit2Shield
Bit2Me, Spain's largest cryptocurrency exchange, has launched a new company called Bit2Shield to help courts, police, and financial institutions trace, seize, store, and liquidate cryptocurrency linked to investigations. This new unit will provide forensic and operational services that cover digital assets from the point they are identified during an investigation through their eventual sale when ordered by authorities.
According to a statement from Bit2Me, the company has been legally registered as CryptoShield S.L. and its work will extend to fraud investigations, source-of-funds certification, and training for police officers, judges, and financial institutions. It will assist investigators during searches and seizures by extracting information from wallets, locating cryptocurrency, and preparing digitally signed forensic reports that can be submitted in court.
Bit2Shield formalizes services that Bit2Me had already been providing to government agencies. During 2025, the exchange processed €1.5 million ($1.74 million) in seized cryptocurrency for authorities including Interpol, Europol, and Spanish police. Blockchain analytics provider Chainalysis was used to trace the assets before Bit2Me converted the cryptocurrency into euros for the state.
The company will manage crypto from seizure to sale by arranging storage in cold wallets protected by a multi-signature setup. When a court or another competent authority orders a sale, Bit2Shield will coordinate the process, while the actual crypto-to-euro conversion will be carried out through Bitcoinforme S.L., Bit2Me's entity authorized under MiCA.